Friday, March 4, 2016

Hydraulic Fracturing Results

Another Story To Highlight The Boondoggle of LNG

    
    America knows no middle ground when it comes to industry driven ventures. Is it not enough, to be sure, that the Natural Gas Industry has a firm place in modern society and has held such for many years. Now a sudden surplus of "cheap" gas is demanding a market which is simply not available...
 
     A look at the LNG Boondoggle here: http://otherwords.org/fracking-boondoggle-at-cove-point-maryland/
 
     Plenty of testimony exists to the huge downside of going after the vast supply of natural gas held n the shale rock beds across the land. Isn't it enough to "fracture" the communities with the process? What about the Fracture in the economy due to surpluses of Shale Gas and Oil? If Obama was serious on climate change wouldn't he be speaking on this issue instead of jetting around the world to summits which produce only signatures on pledges which will never be honored? Such is the vicious cycle of the global economy with all of its corporate players... 

Thursday, November 13, 2014

Solopower up and coming

http://www.npr.org/2012/09/27/161853040/in-solyndras-wake-solar-company-sees-bright-spot

     I truly believe solar power has its place in industry and  for the personal homeowner/offgrid homesteader as well. Solar energy shares the same struggle with economics as does homegrown oil and gas production. In spite of cost though many have invested in solar arrays and even wind turbines for their personal use with great success, I intend to be one myself. Technological improvements such as Solopower is demonstrating will only make it more feasible for the "little man" to eventually supply all the electrical power needed for practical homestead uses. More POWER to the solar field!

Solyndra? No more. US Energy Loan Program...

After Solyndra Loss, U.S. Energy Loan Program Turning A Profit http://n.pr/1qEjk0L

     It seems the energy loan program is producing a measurable amount of positive results now. Perhaps private investors would be interested in owning a part of the energy industry which may soon be an emerging sector proving to be profitable or will they just run the stock market into the ground again? They, being the greedy whoremongers they are, will no doubt bring collapse to the market next season and big losses to the smaller investors. History is the teller of the future.

Sunday, November 10, 2013

A half-hearted Apology for whole-hearted Lies

Included here are portions of the Washington Post article from this past week with quotes from an interview with the president by NBC's Chuck Todd.

President Obama apologized Thursday to Americans who are losing their health insurance despite his repeated promises that they wouldn’t, an unusual act of contrition for a president who has come under heavy criticism for misleading the public.

In a speech before the American Medical Association in June 2009, for instance, Obama said: “If you like your health-care plan, you’ll be able to keep your health-care plan, period. No one will take it away, no matter what.”

Obama defended the law several times over the course of the NBC interview, saying many of the people now receiving cancellation notices were in “subpar plans” and would probably benefit from new options — although they aren’t able to see them now because of continued problems with the Web site HealthCare.gov.

Republicans such as Senate Minority Leader Mitch McConnell (Ky.) voiced little sympathy for the president after his interview aired Thursday.

“If the president is truly sorry for breaking his promises to the American people, he’ll do more than just issue a half-hearted apology on TV,” McConnell said in a statement. “A great place to start would be to support the [Wisconsin GOP Sen. Ronald H.] Johnson bill that would allow Americans to do what the president promised in the first place: keep the plan they have and like.”

Zachary A. Goldfarb and Scott Wilson contributed to this report.

Years will be given to this "Boondoggle" in order to repair and replace the ills and frills created by a non-partisan health care "Act" which is yet being modified at will by the same folk who passed it through the Congress to begin with.

Monday, October 10, 2011

Solar Boondoggle

Just one word 'Solyndra'...


http://thenewamerican.com/economy/commentary-mainmenu-43/9775-solyndra-just-the-tip-of-the-iceberg
Copied from The New American Mag.

Solyndra Just the Tip of the Iceberg | Print |
WRITTEN BY BOB ADELMANN
MONDAY, 14 NOVEMBER 2011 16:17

In late October White House Chief of Staff William Daley (left) ordered a complete review of all loan guarantees the Department of Energy has made to various energy projects. The review “is a tacit acknowledgement that the loan program [that supported the now-bankrupt energy company Solyndra]…has raised enough internal concern that an outside assessment is necessary…”, according the Washington Post.

While the review is supposed to take 60 days and will no doubt be an attempt to whitewash failed efforts by the government to jumpstart the economy through its support of the green industry, a look at past efforts is more than sufficient to conclude that such “investments” are more properly labeled “boondoggles” and an enormous waste of taxpayer money.